Starbucks stock price today is showing mild upward momentum, trading around $92.35 in early market hours, reflecting a 0.8% gain amid broader consumer discretionary sector strength. Analysts note that technical indicators, particularly the 50-day moving average crossing above the 200-day, could suggest a bullish short-term trend. There are some contenders to replace Starbucks stock in my portfolio, but there's no need to make a hasty decision. Mr. Niccol has repeatedly said Starbucks is interested in finding an investor to take a stake in its business in the region. In July, he told analysts that Starbucks had received interest from 20 different parties and was evaluating options. He did not provide any details on the timing of a deal or how it could be structured. “We remain committed to our China business and want to retain a meaningful stake,” he said at the time. Starbucks stock price today edges up to $92.40, with Wall Street analysts citing favorable demand elasticity in premium coffee products even during varied inflation cycles. Momentum traders are watching for a breakout above $
